Technical analysis of USD/CHF 12/12/2018

The USD/CHF currency pair continues to move within the framework of the correction and the formation of the “Wolfe Wave” model. At the moment, we can expect continued growth of the US dollar against the Swiss Franc with a target above the level of 1.0000.
In favor of the growth of the dollar pair Frank stands the formation of a bull pattern “Wolfe Wave”. Cancellation of the growth of the pair USD/CHF will be the fall and the breakdown of the area of 0.9850. This will indicate a breakdown of the lower border of the model and a continued decline in the USD/CHF quotes

USDCHF_STPH4

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